Iranian oil flows to China fell from 980,000 bpd in August to 475,000 bpd in September, with arrivals stopping after Sept. 26. As Chinese demand recovers, refiners must compete for increasingly costly alternatives. #Iran#China#Oil#CrudeOil
Oil prices eased as renewed U.S.-Iran talks and recovering Saudi exports tempered supply fears. Brent moved toward $104 as Saudi Arabia restored East-West Pipeline flows to around 3.5M bpd following a 10-day halt. #Oil#Brent#SaudiArabia#Iran
U.S. lawmakers are pressing Trump to take tougher action over alleged Chinese support for Iran. Their concerns include satellite intelligence, weapons components and purchases of sanctioned Iranian oil. Beijing denies providing military support. #China#Iran#USA
China is Iran's biggest trading partner and buys over 80% of its seaborne oil exports, giving Beijing significant economic leverage. Yet China has stopped short of offering a concrete plan to help end the conflict. #China#Iran#Oil#MiddleEast
Oil fell below $100 as signs of possible Middle East de-escalation eased supply fears. China is reportedly pressing Iran to rein in the Houthis, while Saudi Arabia is offering additional crude cargoes through Oman. #Oil#Iran#SaudiArabia#China
